Home Forums The Art Business Center General Art Business People want to buy my art but I dont know how to price.

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  • #455920
    Blue Artist
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        Hi there, so recently I showed off some of my digital artwork and some people asked me my prices. I can do both digital and oil paintings, I have never sold art before.

        C & C Welcome!

        #620599

        Look for things of similar quality (And size when working on oils) on YOUR COUNTRY. Use that as a baseline.

        "no no! You are doing it all wrong, in the internet we are supposed to be stubborn, inflexible and arrogant. One cannot simply be suddenly reasonable and reflexive in the internet, that breaks years of internet tradition as a medium of anger, arrogance, bigotry and self entitlement. Damm these internet newcomers being nice to to others!!!"

        "If brute force does not solve your problem, then you are not using enough!"

        #620636
        hmshood5
        Default

            I just say “Make an offer” and go from there.

            "All of us get lost in the darkness... Dreamers learn to steer by the stars"
            www.brianfioreart-aviartisa.com

            #620629
            Blue Artist
            Default

                I just say “Make an offer” and go from there.

                Thank you everyone for your responses. I guess I found a niche that I never expected.

                C & C Welcome!

                #620615
                DaveAndrews
                Default

                    I would work out the lowest price that you’d be willing to sell for. Imagine that you work full time. Then work out how many paintings you can make in a working week (approx 48 hours), and how many you can make in a working year (52weeks minus a generous two weeks for a holiday and days off (you’re a professional artist – this is how hard you need to work)). Then work out your desired hourly wage and the absolute minimum that you’d be willing to work for (When I first started for me this was a bit better than the UK’s minimum wage). So if you can produce 10 paintings in 48 hours, that would be 4.8 hours per painting. Multiply your minimum hourly wage by 4.8, and that gives you the value of your painting. It probably doesn’t seem like much, but once you’re actually selling you can then increase your hourly rate (if you dare – you may start worrying about killing your market by over pricing). Of course I’ve simplified things, and you’ll probably have different sized paintings, drawings, watercolours etc. The point is, you need to secure your first sales, and once you’ve done that you are a professional artist selling art for money, thinking in a business like way about selling art.

                    #620616
                    DaveAndrews
                    Default

                        Alternatively another way is to work out what people are willing to spend on a luxury gift for someone such as their father or girlfriend etc, and price your paintings accordingly. Unfortunately, most of us artist’s are in competition with mass production and that’s generally what terms the average buyer thinks in. Your painting or a new washing machine (the painting generally looses).

                        #620614
                        artbymdp
                        Default

                            Don’t use the “make me an offer” method. You will be undersold. Do your homework and determine from similar markets what your work is worth. You may also find a professional gallery owner or appraiser in your area who can help you.

                            #620597
                            ~JMW~
                            Default

                                If selling locally, the area economy needs to be considered..

                                ~Joy~

                                #620617
                                Harold Roth
                                Default

                                    Set a “hell yeah!” price–a price you would feel “hell yeah!” to get. Don’t be humble, because people suss that out and many even will back out of a sale because they are suspicious that the item is not worth anything at all. Professional sellers are not humble. They decide what they want and they ask for it without cringing. It is just being professional.

                                    Other people’s remarks about seeing what similar things are going for are helpful. But you have to start somewhere.

                                    #620634
                                    Ellen E
                                    Default

                                        I can’t remember who the guy was that I saw on youtube advising about how much to sell your paintings for awhile back. But he said to begin with $2 per square inch of the work. Times the width and height and then times that by 2 and there’s the price. As you get better at your art, then you can start revising your prices upwards.

                                        For instance, a 6 inch by 9 inch painting would be priced at $108 by using that means. I think that’s really a pretty good rule of thumb. And then he said that you add on the cost of the mat and framing so you’re not bearing the cost of that yourself. I don’t remember how much he said to add on for the mat and framing but I think he said to add on a price that covers your cost and your effort in doing the mat and frame.

                                        #620600
                                        virgil carter
                                        Default

                                            If your work is going in a gallery, don’t forget to take into account the gallery commission when you calculate your painting price, including framing costs.

                                            Thankfully, no one in this thread has suggested using time and materials as a method for calculating painting sales prices.

                                            Sling paint,
                                            Virgil

                                            Sling paint,
                                            Virgil Carter
                                            http://www.virgilcarterfineart.com/

                                            #620630
                                            Blue Artist
                                            Default

                                                Thanks for the input guys, I put one of my paintings up for 33 dollars but I got no buyers yet. I wonder if there is something wrong with the painting?

                                                https://i.gyazo.com/3ac7d73cd4df39c4a315fd5bf486085e.png

                                                C & C Welcome!

                                                #620601
                                                virgil carter
                                                Default

                                                    What size is your $33 painting?

                                                    Sling paint,
                                                    Virgil

                                                    Sling paint,
                                                    Virgil Carter
                                                    http://www.virgilcarterfineart.com/

                                                    #620631
                                                    Blue Artist
                                                    Default

                                                        What size is your $33 painting?

                                                        Sling paint,
                                                        Virgil

                                                        16 by 12 inches.

                                                        C & C Welcome!

                                                        #620602
                                                        virgil carter
                                                        Default

                                                            “…16 by 12 inches…”

                                                            Your price of $33 is less than $0.18 per square inch. That’s cheaper than floor tile…are you sure you’re in the right field of endeavor?

                                                            Sling paint,
                                                            Virgil

                                                            Sling paint,
                                                            Virgil Carter
                                                            http://www.virgilcarterfineart.com/

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